Indian consumer electronics and home appliances manufacturer, Detel has announced that the brand will be raising close to INR 150 crore by the end of 2021 with the aim to manufacture EV components and take the localisation level to 100%. The aim to locally manufacture EV components is in-line with the Government of India’s policy of self-reliance, especially in the EV sector. Furthermore, the step towards 100% localisation also strengthens the Make in India movement and will help accelerate the adoption of electric vehicles in the Indian market.
What will the company be doing
Detel will be investing the raised amount into Research & Development facilities for the brand and also establish a state-of-the-art manufacturing facility in Gurugram that will help produce the most cost-effective and localised EV product in the Indian market. Detel will also use the investments to develop new and innovative products for the tier 2 and tier 3 markets. The brand is already well-known for launching the World’s Most Economical Two-Wheeler in the EV space called the Detel Easy which comes at the price of INR 19,999 + GST.
Powering the Detel Easy is a 250W electric motor with a 6 Pipe controller that draws power from a 48V 12AH LiFePO4 Battery Pack that offers 60 km of range on a single charge. The electric motor is able to propel the e-scooter to a top speed of 25 kmph and thus no driving licence or vehicle registration is required to operate the electric scooter and is appropriate for teenagers and for use in household chores at short distances. The Detel Easy’s battery can charge to 100% SOC in 7-8 hours.
Detel Easy Plus
The brand also recently revealed the World’s Most Economical electric vehicle for the B2C segment, the Detel Easy Plus. The Detel Easy Plus introduced at the India Auto Show 2021 in Mumbai and the e-scooter aims at tier 2 and 3 markets. The company also plans to launch a commercial e-vehicle called the Detel Easy Loader by the end of the year 2021.